Rebranding On A Budget With Logojoy • Homely Economics (2024)

Choosing branding for a small business can be a nightmare. Large companies have huge budgets to throw at their marketing and branding departments, but when you’re a one-person band, you can feel under pressure to do it all yourself.

I know, because I’ve been there!

This blog isn’t the first business I’ve run, so creating logos is something I’ve come across before.

I’ve always gone down the DIY route, not out of pride, but out of necessity; in the past I never had enough money spare to hire anyone to create a logo, so I had to do it myself. Now, you might think that I’d find it easy, as I’m an artist, but it’s not that simple. I’m a painter and sculptor, but not a graphic designer!

That’s why when I had the opportunity to write a Logojoy review, I was over the moon (I received my premium package for free for the purpose of reviewing it).

Here’s a Logojoy review for my blog’s rebrand.

You see, I’ve been looking to rebrand Homely Economics for some time now. It’s been sorely needed, and I’ve spent several months thinking about it, with a little tinkering here and there. I wanted to update my logo to use on some new business cards, but I just couldn’t bring myself to commit to my designs.

They just weren’t good enough, and I knew it.

Here’s how I used Logojoy to create a my new logo, and some tips for creating a logo that you’ll love.

The logo creation process

Getting started is remarkably simple –

  • Input your business name
  • Choose 5 designs you like
  • Choose colours
  • Choose slogan (I didn’t have one and my home page title was too long)
  • Search for icons

Once you put it all together you can start scrolling through automatically generated designs, and preview your designs.

A word of caution – the preview of the chosen logo is a bit stunning! The mockup of print materials is sure to entice you, so make sure you create and save a few different designs to compare to each other before making your final choice.

Limitations

Logojoy’s software works on a combination of elements: a bit of text, an icon, a frame and a slogan.

Because the logos are built using AI, these elements don’t overlap. Therefore, if you’re hoping to make your text and icon elements merge (like I originally wanted to turn my “H” into a wee house by putting a roof over it) then you’d be looking to pay for the human element of that type of work.

Logojoy’s AI is the middle ground before the higher end of a full graphic design service (although you can pay for an hour’s service with the Enterprise package as shown below). Therefore, not every logo generated will be as good as the best possible combinations – you’ll have to be patient and look through several combinations to choose from the best.

Fortunately, you can do just that before having to pay for anything!

Something else to bear in mind – trying to incorporate too many elements into a logo can make it illegible and wreck it. (See my own logo history below for living proof!) Sometimes, a text logo is all that’s needed. Don’t try to use every single thing you can just because it’s there.

Building my own logo

I decided to try different combinations, but hit a snag: I started to love one of the designs, mostly because of the font. I had to know what the font was, and whether I would get tired of it if it was all over my site. I used a reverse lookup tool to find the font (there’s no telling on Logojoy’s site until you’ve purchased) and how much it would cost.

Wonder BigLove Regular would cost me $15 and BookWorm, an alternative font, would cost me £9.99.

So I realised that even if I didn’t use the logo creation software, and wanted to do the work all on my own, I’d have to pay for the font license anyway. That’s a good thing, as it creates some exclusivity. I mean, Google Fonts are great (and free, which is great), but I’ve seen Architect’s Daughter used on so many other blogs that I’ve definitely come to appreciate the value of something a bit more… rare.

Apart from paying for the font license, I’d then have to spend a fair amount of time creating the transparencies, vectors and colour variations, and frankly, I’ve done this enough to realise that I’m not a graphic designer, and I don’t have unlimited time to pour into something that could be done more quickly and more professionally by someone else.

Pricing

Let’s get down to business. How much is it going to cost, and is it worth it?

Logojoy has three packages:

  1. Basic – $20
  2. Premium – $65
  3. Enterprise – $165

With the basic package, you receive a low resolution logo. That’s it.

The next step up throws in absolutely everything you need – high resolution logo, vector, eps, svg files, transparent and black and white versions, brand guidlines (which are amazing) your font names and colours so that you can replicate your branding elsewhere… and of course, full copyright ownership.

So should you choose the cheapest option? Well, no.

Why not?

It would be false economy to spend $20 on a logo that didn’t come with copyright ownership… the basic package isn’t an option I’d recommend. That really isn’t worth it – you need so much more to be able to use your logo across your website and print media. Otherwise, you’d definitely regret it straight away.

The enterprise package wouldn’t have been good value for me, although it includes a social media kit, which was tempting.

What I did was to take my downloaded files and create my own favicon and social media headers… I still love a bit of DIY!

So why did I decide to go with my Logojoy logo? It’s simple – and it works. Also, the logo creation software allowed me to create multiple versions for free before comparing and narrowing down my choice. That was a crucial point for me.

Branding – it goes deeper than a logo

I didn’t know exactly what I wanted, but I knew what I wanted it to be: clean, upmarket and elegant. And I know that branding goes far deeper than a logo on its own (but a great logo is essential!)

I don’t see myself as especially elegant, but I’m always trying to be… and I’ve learned that marketing is about aspiration. Why should anyone visit my site and read my advice if I told them that I was a scruffy mess and didn’t have a clue what I was doing?

Rebranding On A Budget With Logojoy • Homely Economics (1)

If you need a new logo but find the cost of a full graphic design service prohibitive, I definitely recommend trying Logojoy.

Over to you…

Have you tried this service? Or are you a committed DIYer?

Rebranding On A Budget With Logojoy • Homely Economics (2024)

FAQs

What is the average cost of rebranding? ›

Design Costs
Redesign ProjectEstimated Cost Range
Logo design$250 – $2500+ (depending on the quality)
Stationery and business cards$50 – $2000+ (depending on the number of items)
Website$1000 – $100000 (depending on the number of pages)
Marketing collateral (brochures, banners, etc.)$500 – $3000 (depending on the items)

Why is rebranding not always successful? ›

Lack of Market Awareness

A rebrand that doesn't align with the market can seem irrelevant and out of touch. To avoid this mistake, companies must research their industry, niche, and competitors in advance. Understanding the market is crucial to creating a successful rebranding campaign that resonates with customers.

How many hours does it take to design a logo? ›

These include the complexity of the design, the designer's experience and expertise, the client's specifications and feedback, and the overall design process followed. On average, it can take anywhere from 10 to 30 hours of work to design a logo.

How much should a beginner graphic designer charge for a logo? ›

The cost of a logo design can range from $0 to tens of thousands of dollars, but if you're a small business or startup looking for quality design, a good logo design should cost between $300-$1300. Logo design prices can vary. For instance, the price of a logo design depends on its quality and who created it.

How much to charge for rebranding for a small business? ›

Your small business can expect to pay $100-$300 USD per hour for branding and design services. You can hire a branding freelancer, an experienced boutique branding agency, or a large marketing agency.

How much does rebranding a small business cost? ›

External agencies hired for rebranding efforts can charge anywhere from $40,000 to low six figures. For small businesses, the cost can range from $15,000 to $50,000 over several months. On the low end, expect to spend around $100,000 to $150,000 for a rebranding project, while large companies may spend millions.

What is an example of unsuccessful rebranding? ›

GAP. Clothing brand Gap unveiled a new logo in 2010, which bore very little resemblance to their old logo and was deemed boring and generic. Whilst the logo was unpopular, perhaps the biggest mistake Gap made was failing to communicate the changes effectively.

What is a negative effect of rebranding? ›

LOSS OF BRAND AWARENESS.

If you've had your current brand for a long time, chances are that your customers are familiar and comfortable with it. And people hate change. You'll have to approach a rebrand with caution, taking the time to properly roll it out and explain to your customers why you are making the change.

How does rebranding help a struggling business? ›

If your business struggles to overcome a negative reputation, a rebrand can help consumers see you in a fresh new light and regrow brand loyalty.

Is $500 too much for a logo design? ›

The average logo design cost ranges anywhere from $300-$700. When it comes to creating a logo for a small business, the statistics are favorable to designers. Over 67% of small business owners are willing to pay around $500 for a professional logo, and only 18% willing to pay more than $1,000.

How much should a logo design cost? ›

From DIY design to working with a graphic designer or agency, the cost of a logo can vary from $2 to $2500+, with several options in between. Mid-range options include buying a logo from an online logo maker (starting at $20) or a design crowdsourcing website (starting at $99).

How much do logo designers charge per hour? ›

Logo Designer Salary
Annual SalaryHourly Wage
Top Earners$77,500$37
75th Percentile$65,000$31
Average$55,951$27
25th Percentile$41,500$20

How do I bill for a logo? ›

In invoicing for logo design services, you will encounter two common methods: hourly and project-based invoicing. Hourly invoicing involves charging the client for the time spent on the project, usually at a predetermined hourly rate.

How much does a freelance logo design cost? ›

That makes sense and is a good starting point for setting your logo design prices. But prices in the market vary a lot; some freelancers might charge $50, while some agencies go as high as $50,000. When I began, I only charged $150 because I was scared to ask for more.

How much should a full branding cost? ›

A complete branding campaign typically costs between $11,000 and $70,000, depending on your required marketing collateral. Here's a sample quotation: Brand Identity - $1,000 - $5,000+ Market Research $1,000 - $7,000+

How much should I spend on branding? ›

There are a lot of “rules” out there, but a rule of thumb that we're fond of is to devote 5-15% of your total start-up budget to a branding project. That means if you're investing $10,000 into your start-up then you shouldn't be spending more than $500-$1,500 on your branding strategy.

Why is rebranding expensive? ›

The rebrand process often takes years to complete and can cost institutions millions of dollars. The prerequisite data gathering and market research segment can take upwards of 18 months to complete, meaning rebrands are not to be taken lightly.

What is included in a rebranding package? ›

Branding packages are typically a one-time investment. The firm or designer you hire will hand over a branding kit that includes all the branding elements and materials you requested—like logos, fonts, messaging, and colors—that you can then use in your marketing campaigns.

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